Legendary manager Dan Fuss says inflation isn't just coming, it's already here
Money Life with Chuck Jaffe - A podcast by Chuck Jaffe
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Dan Fuss, who has run Loomis Sayles Bond Fund for three decades -- but who is spry enough to have been named by Morningstar as its 'Outstanding Portfolio Manager' in 2019 -- says that all of the economic stimulus will affect the current economy the same way that past financial booster shots have, by creating inflation, which he says is already visible in a few areas but which he expects to become more visible in the next two years. In a wide-ranging Big Interview, Fuss discusses the dangers of chasing yield in the current low-rate environment, the trouble with moving up the risk scale and more. Also on the show, Christine Benz, director of personal finance at Morningstar and David Trainer, president at New Constructs , taking the year's final trip to The Danger Zone.